Singapore private home sales up sharply in September

Buyers returned to the private housing market in September, with sales of homes surging 48.3 per cent from the previous month.

Excluding executive condominiums (ECs), developers sold 648 new units last month, up from the 437 units sold in August, data from the Urban Redevelopment Authority showed on Wednesday (Oct 15). Including Executive Condominiums (ECs), 707 new units were sold in September.

The strong sales came as developers launched more units for sale, with 514 units launched last month, up from 399 units launched in August.

Source : Channel NewsAsia – 15 Oct 2014

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